---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-060105"
form_type: "8-K"
ticker: "GIPR"
cik: "0001651721"
company_name: "GENERATION INCOME PROPERTIES, INC."
filed_at: "2025-04-29T23:59:59+00:00"
generated_at: "2026-05-23T03:52:40.827277+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Generation Income Properties enters $1.0M secured promissory note due in 180 days

## Summary
- Loan of $1.0M from Brown Family Enterprises, secured by operating partnership assets.
- Interest at 16% for first 90 days, then 9% simple interest thereafter.
- $500K principal plus accrued interest due at 90 days; remaining balance at 180 days.
- Prepayment allowed without penalty.
- Note is non-convertible; existing Security Agreement from July 2024 secures it.

## SEC filing metadata
- accession: 0000950170-25-060105
- form_type: 8-K
- ticker: GIPR
- cik: 0001651721
- company_name: GENERATION INCOME PROPERTIES, INC.
- filed_at: 2025-04-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1651721/000095017025060105/0000950170-25-060105-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1651721/000095017025060105/gipr-20230721.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-060105
- JSON: https://secwatch.observer/filing/0000950170-25-060105.json
- Plain text: https://secwatch.observer/filing/0000950170-25-060105.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.